Worse still for the DNC, they had to take out loans to pay the bills so that they owed $20.5 million at the end of September, meaning that that (subtracting cash on hand from total debt) they were $15.9 million in the red — essentially bankrupt. Wasserman-Schultz’s committee only raised $3.7 million in September; at that pace, it would take them more than four months to clear their debt, even if they didn’t spend another dime in the meantime.

DAYTON, Ohio — Reporters circled around Reince Priebus at a campaign rally Monday in Lima and one asked the Republican National Committee chairman what he thought of polls showing Mitt Romney trailing President Obama in this crucial battleground state. Priebus said he was satisfied that the GOP challenger was “within a field goal” of the incumbent, and made a bold prediction: “We’re going to outspend the DNC 10-to-1 [in Ohio] for the next six weeks… We’re going to crush ’em on the ground.”

How many people actually believed that prediction? As incredible as it seemed at the time, Priebus and the RNC appear to be in a position to do exactly that and more. Meanwhile, reacting to reports that the DNC’s vendors are owed millions of dollars by Wasserman-Schultz’s committee — essentially taking I.O.U.’s from the Democrats — Jim Geraghty says:

Attention, vendors: Stop falling for this, make Debbie pay you in cash.

John Glenn still owes a ton of money from his campaigns. He whined a lot about the criticism he got for those debts, but he had more than enough money to pay them. He whined that Federal law did not allow him to pay them personally, but several of us told him that if had any integrity he would have paid them himself on general principle that the campaign belonged to him.

Butcha see,that’ll make the demoncrats&their msm “court eunechs”(thanks,Mark Steyn)rail against elections being”bought”,and they’ll use it to justify(further) spending&donation limits.Really what they mean is “If we cain’t have yer money,noone cain.”